Overview
Finance Coordinator: Credit Jobs in Cape Town, South Africa at Rory Mackie & Associates
Overview:
Our client is a leading South African fashion retailer with a well-established reputation in the clothing retail industry. The organisation operates in a fast-paced retail environment and is known for its focus on quality, customer experience, and operational excellence within the fashion and retail space.
They are looking for a detail orientated team player to join their team as a Credit Finance Coordinator. An individual who can meet deadlines, support the team and solve problems by maintaining composure and communicating effectively.
Responsibilities:
Daily systems reconciliation
- Reconciliation of daily transaction details in POS to Debtors system
- Investigation of reconciliation differences
Capturing of collections
- Process manual capturing of payments made by attorneys, outside collectors and administrators on behalf of customers
Account balance insurance
- Collection of Insurance data and liaising between internal and external stakeholders
- Processing of insurance invoices – following up with insurance provider and ensuring correct invoices are received
- Preparation of Insurance reconciliations
- Provide relevant customer information and insurance collection files to insurers
EFT and direct deposit rejections
- Request information from banks to give effect to rejected EFT and direct deposit payments
- Assisting during month end/periods of leave with the capturing of EDC Payments, correction of rejects etc.
- Posting of corrections to customer accounts
- Assistance with queries directed from credit services and external debt collectors
Bank accounts
- Assistance in the manual reconciliation of the electronic deposit and direct deposit accounts for the various countries
- Ensure that all debit orders submitted are processed by the host banks and correctly recorded in the debtors system
Administration
- Capturing of departmental expense invoices
- Liaising with marketing department including weekly marketing reports
- Collection/administration of gift cards and account credits
Business control accounts
- Monitoring of business control accounts and investigation of anomalies
Monthly reconciliations
- Critical analysis of reconciliations including investigation of variances, ratio analysis and year on year comparisons
Month-end procedures
- Preparation of monthly expense variance reporting
- Assist the manager with monthly trade debtors and gross bad debt budgeting
- Assist the manager in calculating the cost of credit for reporting
- Preparation of cash versus credit sales reports
- Monthly expense forecasting and variance analysis
- Monthly trade debtors forecast reporting
Year-end procedures/annual audit
- Facilitate the year-end audit process with external auditors, including:
- Providing explanations for account movements, variances and reconciling items
- Provide data and source documentation requested for audit purposes
Annual financial statements
- Preparation of annual financial statements
Requirements:
- Experience with general ledger functions and the month-end/year-end close process
- Excellent working knowledge of MS Excel essential
- Experience in Oracle Business Intelligence and Nexus Vision preferable
- Excellent attention to detail
- Retail Industry experience would be advantageous
Competencies:
- Excellent attention to detail
- Excellent communication skills
- Strong numeric, organisational and interpersonal skills
- Excellent communication and interpersonal skills with an ability to interact and gain respect and trust at all levels
- Proactive self-starter who thrives on being fully accountable for their work
- Strong initiative and ability to manage multiple projects to tight deadlines
- Must be detail-oriented with strong analytical skills whilst still being able to view the ‘Big Picture’
- Ability to work well with others and handle pressure and rapidly changing demands in a fast paced environment
- Ability to stay calm under pressure and meet strict deadlines
- Must be a flexible and adaptable person in terms of taking on responsibilities and covering for the work of others
Title: Finance Coordinator: Credit
Company: Rory Mackie & Associates
Location: Cape Town, South Africa
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